AUS ARCHIVED September 2017 | Page 18

Coryell Community Information | School District

Coryell Community Information | School District

Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for September was 30 , down 65.9 % from 88 days last month and down 66.7 % from 90 days in September of last year . The September 2017 DOM was at its lowest level compared with September of 2016 and 2015 .
140 120 100 80 60 40
Days On Market for Sold Properties
71
90
3 Mo Avg
30
20
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The September 2017 Selling Price per Square Foot of $ 70 was down 23.4 % from $ 91 last month and down 5.9 % from 74 in September of last year .
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
100 %
original list price . The lower the ratio is below 100 % the more of
98 %
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The September 2017 Selling Price vs
96 %
Original List Price of 97.6 % was down from 97.7 % last month
94 %
and up from 95.7 % in September of last year .
92 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in September 2017 was 13 , equal to 13 last month and down 85.2 % from 88 in September of last year .
0
100 95 90 85 80 75 70 65 60 55 50
90 % 88 % 86 % 84 %
350 300 250 200 150 100 50
O
N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S
14
15
16
17
Selling Price per Square Foot
83
O
N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S
14
15
16
17
Selling Price versus Listing Price Ratio
90.3 %
O
N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S
14
15
16
17
321
289
258 232 242 254
284
Avg Selling Price divided by Avg Listing Price for sold properties during the month
282 287 295
Inventory / New Listings / Sales
298 289 292 273 261 276 271 277 285 282 276 260 267
74
95.7 %
262 257 262 263 252
274
241 225 231
3 Mo Avg
3 Mo Avg
227 213 221
70
97.6 %
221
0
O
N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S
14
15
16
17
18 | c o l d w e l l b a n k e r h o m e s . c o m